343 E. 55th Place,
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The President Theater opened in the Washington Park neighborhood, just across from the namesake park itself, in 1911. It was located on East 55th Place at South Park Avenue, now Dr. Martin Luther King, Jr. Drive. The 781-seat theater was originally independently owned, but was acquired by the Louise Amusements chain later in 1911, then still later, by the Brunhild & Young circuit.
The President Theater would later became the first theater in the eventually sizable Ascher Brothers chain. The theater closed in 1924 and has since been torn down.
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